Tag Archives: are new mobile homes safe

Breakthrough in Bay Area Housing Sales

Housing Market

According to a recent report the Bay Area’s housing marketing reached the highest level of sales in nearly seven years.
Realtor’s president, Errol Samuelson said, “You’re seeing the marketing start to stabilize, which is a really good thing”. While sellers are benefiting from the large yearly gain in sales prices, buyers are finding it easier to move into the market. David Chung, a recent home buyer in Walnut Creek said,”We timed it well… These are incredibly low rates. I couldn’t be happier”.  Furthermore, Kevin Kieffer with Keller Williams in Danville states, “There’s enough owner-occupy buyers coming in to fill the gap, and they’re getting a better price”.

Carey, Pete. Bay Area Home Sales Hit Seven-Year High.  San Jose Mercury News. 15 Aug. 2013. Web. 26 Aug. 2013. http://www.mercurynews.com/business/ci_23869987/bay-area-home-sales-hit-seven-year-high>.

California Home Buying Process

 

Fig. 1 Besançon, Ellie. “Members are Using One Cool Thing!” California Real Estate Oct. 2012: 9. Print.

How do most people find their dream home? Home buying trends are changing. According to the California Association of Realtors, 80% of people found their home through an agent followed by websites, sale signs, and open houses. The data also reveals that home buyers today are looking at fewer homes before making the big move. What do you think of these statistics? (see fig. 1)